ANAHEIM, Calif.--(BUSINESS WIRE)--Econolite Group (EGI) today announced it has appointed Abbas Mohaddes President and COO. Mohaddes succeeds David St. Amant, who is scheduled to retire at the end of 2016. Mohaddes will work closely with St. Amant through December to help ensure a smooth transition of responsibilities. Reporting directly to Econolite Group’s CEO Mike Doyle, Mohaddes will be responsible for the Company’s global operations, including the continued development of strategic partnerships.
During this transition period, EGI will also begin the process of acquiring CAVita LLC, co-founded by Abbas Mohaddes and Dr. Peter Sweatman. CAVita provides world-class advisory services focused on Connected and Automated Vehicle (CAV) technology and business models. The acquisition will further strengthen and expand EGI’s reach into CAV and Smart City programs.
“Members of the EGI team have collaborated with Abbas for many years on industry topics, through our shared involvement in industry advisory committees. His experience and expertise in the ITS industry is unparalleled,” said Econolite CEO Mike Doyle. “His decades of visionary leadership and dedication to driving technological advancements have helped shape what ITS is today, as well as preparing the industry for the connected vehicle and Smart City networks of the future. We are very fortunate to add Abbas to the executive management team.”
Mohaddes served as CEO of Iteris from 2007 to 2015, where he led the company’s transformation and substantial growth into a software-based information technology organization through significant organic growth and a successful acquisition strategy. Prior to that, he served as CEO of Meyer Mohaddes Associates.
“I’m very honored to be part of a passionate and committed team of ITS experts,” said Mohaddes. “Econolite’s excellence in helping drive transportation management technologies is only matched by its track record of customer service. I’m excited to join a company that is poised for continued growth and market leadership.”
Mohaddes is a founding member and past Chairman of ITSA, current Chair of the ITSA Leadership Circle, and an ITSA Hall of Fame inductee. He is member of TRB and past member of its Executive Committee. He is also a member of the board of trustees of the Mineta Institute, a Fellow at ITE, and member of the UC Irvine Chancellor’s CEO Roundtable, and board member of the National Operations Center of Excellence (NOCoE).
About Econolite Group
Econolite Group, with over 80 years of expertise in ITS, is a leading provider of comprehensive traffic management solutions, Intelligent Transportation Systems (ITS), and engineering services. Committed to the advancement of connected vehicle and other leading-edge technologies, Econolite Group’s solutions ease traffic congestion, enhance transit operations, provide safer mobility, and improves quality of life. For more information: www.econolitegroup.com.